For some days now , alot of investors who invested on the luna market lost their investments after the LUNA price fell to as low as $0.0001....Some investors lost millions of dollars , some lost their life-savings , it was a terrible situation I must say..
Its current price is now at $0.00018 with a market capitalization of $1,224,357,662 and a circulating supply of 6,533,077,750,033 LUNA (More than 6 trillion luna in supply)....
Now I noticed that some investors do not want to agree that luna is dead already and they strongly believe that they can buy the dip of the luna market and buy at its current price, and they believe that the price of LUNA can at least touch 1$ before end of this year....
But realistically, LUNA Cannot touch $1 based on its currenly supply which is more than 6trillion units ,a $1 Luna means that the market capitalization of LUNA would be more than 6 trillion dollars since there is 6 trillion circulation supply of the LUNA already...Maybe buring the LUNA token can help...But mathematically the LUNA price cannot touch $1 based on its current market cap and the circulation supply...
Well there is a plan going on concerning a fork of the LUNA , and the old luna might become a totally dead project that cannot resurrect again... but let's keep our fingers crossed...